Issue 1,824 – Copyright, 2024, by Wyckoff AM Trader
Yesterday: Good morning. Today is SERIES S4H NORMAL with the spill down. 5. Cycle Bias / Tone: I'm still bullish. At least for now. I can't really see a reason the sky is falling.
The US is open for business. At least that is what they said yesterday.
You can almost see all the weak hands getting shaken out over night before the open. Price had no other choice but to go up.
The AM HIGH was just over center time at 10:45 AM. The MID AM LOW was early and weak about 11:05 AM. Lunch high at 1:10 PM. Mid pm low 2:55 PM late and strong. And the LAST HOUR HIGH last print.
Perhaps yesterday was more shooting fish in the barrel.
PROSE and THE NUMBAHS
Good morning. Today is SERIES S1H with the spill odds down.
1. Last Night: Price just grinds up and finds itself at highs. It's a gap and go or gap and crap.
2. Large Size: Are the PEONS over thier skies? Some size came in to push prices higher.
3. 7:00 AM / Premarket: For now price is holding the 6111 handle.
4. Todays News: No news to move the needle. All times EST.
5. Cycle Bias / Tone: I'm still bullish. At least for now. I can't really see a reason the sky is falling. I'm going to double down on the Trump effect.
6. Honing (turns): Spill down, loupe loop, LAST HOUR ODDS HIGH
7. Previous Day's Numbers:
Open 6063.75
Hod 16:07 6124.67
Lod 10:13 6056.58
Settle 6025.17
Volume 1,099,503
8. Floor Trader Pivots
DAILY 6074.92
R2 6070.25
R1 6050.25
S1 6011.50
S2 5992.75
WEEK 5982.75
The clock is used to time your entries and exits. Position long at the lows, exit at the highs, get short at the highs, and buy-in at the lows. When the trend is in, WB's clock is your friend!
Your edge is a series of trades, not just one trade or one day.
Dates: December 15 Cold Moon 4:02 a.m. Winter Equinox December 21 4:21 a.m. (all times Est)
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